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China
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Latest Headlines
Citigroup hits a milestone in China
Citigroup CEO Vikram Pandit has, in some ways, hitched his bank to the overseas markets.
While big consumer banks were ailing domestically, he preached the value of globalization. His mantra was that few banks are as well-positioned to serve the global needs of companies and to tap emerging co
Deloitte's China conundrum
The implosion of so many Chinese companies that traded via ADRs on U.S. exchanges has exacerbated a long-simmering regulatory dispute between China and the United States.
The Public Company Accounting Oversight Board (PCAOB) has a number of agreements in place that allow them to investigate ac
The rise of shadow banking in China
The rise of the shadow banking system in the U.S. has arguably been one of the more profound developments in the financial industry over the last decade or so. No one doubts that the rise of this system has in many ways pushed the industry beyond the realm of strong regulation, as it sprawls in wa
Private equity funds eye BRIC countries
The private equity industry continues to stream into China and other emerging markets.
The Private Equity Beat notes that the Emerging Markets Private Equity Association has released data for the first half of 2011 showing that emerging markets are indeed faring quite well.
"China-dedi
A controversial short selling star is born: Muddy Waters
Muddy Waters, a little known short-selling research and investing outfit in Hong Kong, has had a field day identifying Chinese companies that its founder Carson Block thinks are frauds.
Block's list of victims include Rino International and China MediaExpress, both of which were delisted afte
China bears poised for massive gains?
Not too long ago, China loomed as a massive financial opportunity. The Chinese economy was booming and more companies listed themselves on U.S. exchanges. Many investors jumped on the bandwagon, but now the bubble is beginning to deflate.
Many of those ballyhooed China stocks are now swooning.
Chanos launches new fund, plans to short China
So, what's the next great short play? After the real estate mortgage-backed bond implosion, could there be another blockbuster of equal magnitude on the horizon? Esteemed short seller Jim Chanos, the man who had the foresight to short Enron, thinks he may have found it.
He's been a vocal criti
The return of day trading--in China
For most people, day trading is a nostalgic concept, an idea that burned so bright in the late 1990s only to fizzle out amid lots of anger and disgust among ordinary citizens who were convinced the stock market was their calling. To remember the excitement the likes of Block Trading once gener
Citigroup expands aggressively in China
At the height of the financial crisis, when Citigroup (NYSE: C ) was still a ward of the federal government, CEO Vikram Pandit stuck to his mantra that Citigroup was a global bank of uncommon potential. Some thought that his talk of international expansion was ill-timed for a bailed out bank, a
Goldman Sachs hires firm to study its image in China
We noted recently that Goldman Sachs' (NYSE: GS ) image and PR woes have spread to China, where a recent book Goldman Sachs Conspiracy painted an unflattering picture of the financial giant . It went so far as to say Goldman "has the IQ of an Israeli Shar Pei Dog and the cruel nature of
